News

SmartAsset on MSN5mon
What Is an Open-End Fund?
An open-end fund is a type of mutual fund that allows investors to buy and sell shares on demand. This makes open-end funds ...
Open-end funds usually use a “high-water mark” mechanism, whereby the fund manager is entitled to a performance fee only if the fund’s NAV has crossed the highest peak in value achieved in ...
Franklin Templeton Mutual Fund has launched the Franklin India Multi Asset Allocation Fund (FIMAAF), a new open-ended mutual fund that invests in a mix of equities, debt instruments, and commodities ...
ICICI Prudential MF has launched ICICI Prudential Active Momentum Fund - a new open-ended equity scheme to take advantage of ...
Most open-ended funds will include a right for the manager to suspend determination of the NAV and/or dealings on certain specified grounds. However, ...